Warren Buffett

Donald Trump, widely believed to the be the wealthiest American ever to run for president, is nowhere among the ranks of the country's most generous citizens, according to an Associated Press review of his financial records and other government filings. Trump has said he donated $102 million worth of cash and land to philanthropic and conservation organizations over the past five years. But his campaign has provided little documentation for most of these contributions, and tax filings of the Donald J. Trump foundation show Trump has made no charitable contributions to his own namesake nonprofit since 2008. Without an endowment, the fund has continued to give grants only as a result of...

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Donald Trump, widely believed to the be the wealthiest American ever to run for president, is nowhere among the ranks of the country's most generous citizens, according to an Associated Press review of his financial records and other government...

Kraft Heinz will move one of its headquarters from north suburban Northfield to downtown Chicago early next year, making it the latest company to march from the 'burbs to the bright lights and big city in hopes of attracting diverse young workers.
The...

In recent decades, there have been many ways to make money and one virtually infallible formula for losing it: running an airline. At times, it might have made more sense for the major carriers to set up bonfires of cash on tarmacs rather than actually...

Investor Warren Buffett has given more than $2.8 billion worth of Berkshire Hathaway stock to five charities as part of his plan to gradually give away his fortune.
Buffett, who is Berkshire's chairman and CEO, said in a news release Monday that he...

Kraft Foods Group shareholders voted Wednesday to approve the company's sale to H.J. Heinz, a deal that brings together two storied packaged-food companies vying for attention as consumers look for healthier, fresher fare.
About two dozen shareholders...

John Hughes has been many things in his life: paratrooper, CPA, cattle farmer, philanthropist, educator and business owner. It is his zest for an active and fulfilling life that continues to drive the 88-year-old entrepreneur.
A GreenFields of Geneva...

Warren Buffett's company has invested another $462,000 in ketchup maker H.J. Heinz Co. before Heinz' planned acquisition of Kraft Foods. Heinz said in a government filing Thursday that Buffett's Berkshire Hathaway Inc. owns 52.5 percent of the...

Now that the water meter scandal has come to light in Tinley Park, will anyone who deliberately ignored the misreadings while we paid for water we didn't use get fired? Will a political victim, who was told to sweep it under the rug, take the fall and...

Kraft shareholders will vote July 1 on whether the company should be acquired by H.J. Heinz, a vote that comes more than five months after the ketchup maker first approached the macaroni and cheese maker.
Kraft Foods Group, in a filing issued Tuesday,...

Tyson Foods says that by 2017 it no longer will use human antibiotics in chicken production. In related news, as of 2017, Mom's chicken soup will cure only some of what ails you.
Warren Buffett, 84, is expected to be less visible than in past years at...

You may have read about the remarkable life and times of Ronald Read. He was the gas station attendant and lifelong resident of Windham County, Vt., who had quietly accumulated a portfolio worth a fortune. As the Brattleboro Reformer reported earlier this...

Good grief, Congress. Are you really going to give another tax break to those of us who need it least?
Yes, we're witty and created a successful global brand of ice cream. Yes, we're handsome and in demand for selfie shots at malls and village squares...

In case you are still skeptical that many of the non-poor — and, in fact, a lot of the rich — receive benefits from government too (for which we don't make them pee in a cup or promise not to buy luxuries), we've rounded up some more examples below.
1....

H.J. Heinz CEO Bernardo Hees, who is set to become the CEO of Kraft Heinz when the multibillion-dollar food merger closes, was at Kraft's Northfield headquarters last week checking out the business his company is buying.
In a video issued to Kraft...

While we're on the subject of iconic brands hatched in our backyard: Say goodbye to Kraft Foods, soon to be subsumed by Heinz and its Brazilian owners in a deal valued at about $36 billion. If you're looking to figure out why a once-mighty Chicago-area...

People on the move at Lake County businesses.Vernon HillsTop sales: USG Corporation (NYSE: USG), a manufacturer and distributor of innovative, high-performance building products, announced that Sandra Chavez of Vernon Hills is among...

H.J. Heinz is buying Kraft Foods in a deal that gives Kraft the chance to bring its iconic American foods to international markets while boosting Heinz's sales in the U.S.
The acquisition, announced Wednesday with backing from Heinz owners Berkshire...

H.J. Heinz is buying Northfield-based Kraft Foods, creating what the companies say will be the third-largest food and beverage company in North America.According to Kraft, the company will be co-headquartered in the Chicago area and Pittsburgh.The deal...

Kraft Foods Group, one of the most well-known American food-makers, could soon be gobbled up by a hungry Brazilian investment firm, according to a published report.
If completed, the deal with 3G Capital would likely be worth more than $40 billion, the...